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re: Livingston Parish 1% tax for teacher raises fails to pass

Posted on 4/2/23 at 12:16 pm to
Posted by cssamerican
Member since Mar 2011
7163 posts
Posted on 4/2/23 at 12:16 pm to
quote:

Might want to do some reading

The 26% I mentioned in funding from the employer included the UAL payments. So, with those contributions it is sustainable. Which makes sense, your basically saving 1/3 of each teacher’s salary, investing it, and in some cases never paying out all the contributions to retirees.
Posted by Shaun176
Baton Rouge
Member since Aug 2008
2481 posts
Posted on 4/2/23 at 1:02 pm to
quote:

The 26% I mentioned in funding from the employer included the UAL payments. So, with those contributions it is sustainable.


TRSL's UAL will be paid off by the end of the decade.
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